There are a lot of them…but, one of my personal favorites is Dan on Crypto Capital Venture youttube channel. He focuses more on Bitcoin and Litecoin and I like the way he charts and explains why he’s charting what he’s charting. But there are A LOT of TA guys on youtube. I watched a ton of them and can’t even remember all the names. Just find one you like that fits your information learning style and subscribe. That’s pretty much what I did…though I still watch just about ever TA video I happen to see just for fun.

The market seems to be slipping…meanwhile, ETN seems to be on an uptick. 50 minutes before the current candle closes…can we stay at 207+ to close above the 50 day moving average? That would be a very nice thing to see:)

I recomend TA with Mitch Ray. All the TA I do mimics his style. He keeps things very simple with using the following techniqes. He’s actually on right now.

FIB retracements

Lots of channels

Divergence

Looking for trade entry and exit points with use of stop losses for chart formations

Measured moves for taking profit on succesful trades

He does TA daily on his channel and he has very dedicated supporters. Although, he doesn’t have the number of followers that some of the big YouTubers do. He also takes the time to interact with the chat to answer questions. The only negative with him is he can’t chart Electroneum because he only uses TradingView which doesn’t have ETN available for charting.

We’ve definitely broken the downtrend line and gotten above the 50 day moving average on the 4 hour chart. But I would like to see a nice pop up like you would typically see with a trend break before throwing a party. Sideways action after a trend break typically does not bode well for upward movement. We’ll see what happens throughout today. With Sunday and double dip Monday on the horizon, I would be cautious making any big purchases (not financial advice)

Happy Sunday all. With it being typical down day 1 with Monday being the second, we will see how strong we are along with the rest of the market.

For now, we are just trading along the 50 day moving average on the 4 hour chart showing further consolidation and indecision. We could go either way, but in my humble opinion, we have much bigger upside than down. If you feel like gambling a little, make your decisions accordingly. Happy trading!

Happy double dip Monday folks! Historically the best day of the week to purchase crypto as the market loves to sell off more on Monday than any other day in the week (not financial advice)!

We have def flattened out, but I will go back to an earlier statement that it does scare me that we saw no break up since getting out of the downtrend. Crypto markets to not like to trade sideways. When they do, they typically break down. BTC was a perfect example for a few weeks until the drop from the mid 6k range.

With that said, ETN is a different beast and could very well do something different…but I still don’t like the sideways action, especialy now that we are slightly under the 50 day moving average. The price is going to go one way or another in the not so distant future as that average comes down to meet the strong support line of 202 sats. The main thing I don’t like is riding a support line. The more times you touch support, the weaker it gets. It will not hold forever. So…one way or another we will see a movement soon…I just hope it is in the positive direction. If it breaks the 202 line, expect a fall to the mid 190s to test the former downtrend line for new support.

Yes, I’ve gone WAY past what I wanted in ETN, so I’m perfectly happy with what I have. But I am doing exactly that with a couple other projects I like with a heavy emphasis on BitTube. Their airtime extension is going to be gigantic.